No, bankcruptcy is a legal way to force debt holders (who were stupid enough to lend you money) to take whatever assets you have and then be satisfied regardless of their actual value compared to the loans outstanding. I meant stealing by the consumer, do you know that once the consumer files bankruptcy and their home goes into forclosure, the bank will drag their feet and that consumer doesnt pay a mortgage for atleast 3 years, before we bought, we rented a home from a woman that her home was in foreclosure, she was rich, caus she still had a job and was spending the rent money we paid her